Updates on Outcome of Board Meeting

• Security Code: 530999
• Company: BALAMINES

Balaji Amines Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2016, inter alia, has transacted the following business:

1. The Board authorized Sri. G Hemanth Reddy, Director to sign the Uniform Listing Agreement as per the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 And SEBI circular dated October 13, 2015.

2. Reappointment and fix remuneration of Sri. A Prathap Reddy, Chairman & Managing Director for a period of 5 years from April 01, 2016.

3. Reappointment and fix remuneration of Sri. N Rajeshwar Reddy, Joint Managing Director for a period of 5 years from April 01, 2016.

4. Reappointment and fix remuneration of Sri. D Ram Reddy, Joint Managing Director for a period of 5 years from April 01, 2016.

5. Reappointment and fix remuneration of Sri. G. Hemnath Reddy, Whole Time Director and Chief Financial Officer for a period of 5 years from April 01, 2016.

6. Reappointment and fix remuneration of Sri. A. Srinivas Reddy, Whole Time Director for a period of 5 years from April 01, 2016.

7. The Board approved and adopted the Policy for Preservation of Documents as per Regulation 9 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. 2015

8. The Board approved and adopted the Archival Policy of the Company as per Regulation 30(8) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

9. The Board approved and adopted the Policy for Determination of Materiality of events or information and appointed the key managerial Personnel for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchange(s) as per Regulation 30(3) And Regulation 30(4)(II) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.

10. The Board approved and adopted the policy for Determining Material Subsidiaries for the Company as per the Regulation 16 (1) (C ) and the explanation provided there, under the Regulations of the Securities And Exchange Board of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.